FAQ - PAYMENT
On this page, you will find basic information related to financial matters in cooperation with our software house.
If you did not find the answer to your question, please write to us: firstname.lastname@example.org.
1. What budget do I need to start the cooperation with Boring Owl?
2. How do you evaluate projects?
3. How do you settle projects?
a) Fixed Price - the offer includes the exact price and implementation time of the MVP (Minimum Viable Product) version. The project is divided into stages, followed by the acceptance and settlement of the functionalities and views stored in the specification. This method of settlement works best in projects for which the order specification has already been prepared or the project does not have non-standard functionalities. In the event that you do not have the specification of your idea, we will probably offer you to prepare it for a fee before providing an accurate valuation or work according to the agile methodology with Time & Material settlement
b) Time & Material - the offer includes a framework plan for the implementation of the finished product and an estimate of the time needed for its implementation. The settlement is cyclical based on hourly rates, and the specification is created along with the product development and testing of subsequent components. At the beginning of cooperation, it is enough to present the key functionalities of the application and business goals. We will start creating a product on this basis. The settlement in this model enables the project to start immediately, and the client pays only for the hours actually worked. When cooperating on the basis of Fixed Price, the valuation will always have a calculated risk of errors when creating documentation.